India renews open sky policy for foreign air cargo carriers
In a significant move, India has liberalised its aviation policy to permit foreign cargo airlines ...
A good article in Business Daily, outlining Kenya Airways’ plans to boost its cargo operations. Given the current market, it won’t be the only passenger airline looking to do the same. But it does make you recall the endless cycles of capacity in past years in cargo. One carrier would suddenly find a rich seam of business, only to be swiftly followed by a load more chasing the same tonnage, immediately causing the market to collapse, rate-wise. Capacity will inevitably dribble back into the market over the next year, with cargo-in-cabin and freighter conversions on the rise – and without the bellies, there is certainly room for more. But perhaps airlines should be careful to try to avoid that cycle of boom and bust, however desperate they are.
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